Finance for Nature: Ep 1 – CSR and GCash in the Philippines


Finance for future
Date:
Topic:
Finance Solutions
Country:
Philippines

 

In this episode of the Finance for Nature Podcast we head to the annual BIOFIN Regional Dialogue for Europe, Asia and Pacific held in late September 2019. We are joined by Mabel Niala from the fintech company, GCash in the Philippines and Anabelle Plantilla, the national coordinator of BIOFIN in the Philippines to discuss the CSR initiative, GCash Forests initiative, which is using a mobile money app to engage users in the Philippines to take steps to be more environmentally friendly and earn points through their app to plant a virtual tree. These virtual trees once earned will be planted for the restoration of the Ipo watershed, which provides much of the water for the Philippines Capital Manilla.

GCash Forests is a partnership between GCash, BIOFIN and WWF.

Launched in 2012, the Biodiversity Finance Initiative – BIOFIN, is a global partnership, that seeks to address the biodiversity finance challenge in a comprehensive manner – building a sound business case for increased investment in the management of ecosystems and biodiversity, with a particular focus on the needs and transformational opportunities at the national level. Phase II of BIOFIN, (2018-2022) is implemented in partnership with the Governments of Flanders, Germany, Switzerland, Sweden and Norway. For more information, please visit: www.biodiversityfinance.org